Pros:Very clever marketing, from a highly intelligent individual. A very good and clever wolf, wearing a very convincing sheep suit.

Cons:No verified trading. The user has zero chance of replicating the moderators trading results. No trading DOM present. No verifiable existence of a trading account. Anyone that trades with Ross Cameron will experience a death by a thousand cuts.

Today’s review is Warrior Trading, a day trading room owned and moderated by Ross Cameron. The trading room specializes in momentum trading of low float stocks. The monthly fee for the trading room is $99, educational courses may be purchased with prices ranging from $800 to $2,400. There is a free trial of 5 trading days. In order to access the free trading room trial, you must sign up with Pay Pal. Once the trial period ends, then Pay Pal will automatically begin billing your account.

My Initial Observation

My initial observation of the Warrior Trading website is that everything is neat and well organized. There is a picture of a group of sky divers, all falling to earth and holding hands together, a conveyance of camaraderie. The imagery gives a sense of fun and excitement, and teamwork. The images say’s, “We are in this together!”. And “Day Trading Is Fun!”.

The next that I look for is any button that say’s Performance, or Results. I want to know if the trading room is posting results. You will clearly see a performance button proudly displayed on Page 1. Ok, great so far.

After the performance, I want to see a biography or some sort of write up on the room owner. I want to know whom I am dealing with. On Ross’s About page, you will see a picture of Ross and a narrative of how he got into the business of day trading. As I read the story, I could not help but feel how romantic this story sounded. Ross tells the story of how he was a miserable architect in New York City and he was tired of the rat race and wanted financial freedom. How he dreamed of becoming a day trader and leaving his miserable job behind, and moving out to the country and living in a farm house. I can visually imagine all of this in my head…Ross living in a rustic farmhouse, with dogs and chickens and goats, and of course a big bank of computer monitors on which he rules his simple kingdom of farm animals and day trading.

It all reads so well. And look at Ross, he looks like the guy from the Farmers Market that sells loaves of fresh warm bread. You know the guy I am talking about, he is not materialistic, cares about nature, wants to lead an agrarian sort of lifestyle, believes in Karma, grows tomatoes and cucumbers in his garden, drives a Prius. In a word, NON THREATENING. We all know this sort of fellow, and we trust him because we can generally trust people that have long hair and don’t wear shoes to work.

Furthermore, Ross is an architect. How many architects have you heard that have ever ripped off anyone? Or have done anything wrong? The image of an architect conjures up thoughts of bookish, owlish, honest, earnest, hard working, building something, educated. NOT A HUSTLER.

Ross Cameron projects himself as NON-THREATENING, and NOT A HUSTLER. And yet he is now a trading guru. And we all know that the realm of trading gurus is located in the very heart of Hustlersville. So, the big question is whether our granola eating day trading guru is pushing a scam. In effect, is this a wolf in sheep’s clothing type situation. Let’s present the evidence.

Initial Contact with Warrior Trading

A reader contacted me on February 6, requesting that I write a review of Warrior Trading. On Monday, February 9th Ross was holding an open house. In other words, for that one day only, Ross was allowing anyone to sign up for a one-day free trial, without having to submit a credit card number. I signed up and recorded the event. Generally speaking, I am very suspicious of these one day open houses because the trading guru is going to be on his very best behavior. These events are generally well rehearsed, scripted and presented in such a tone and manner that the moderator cannot help but look great. Think of these one day free trials as a one-day free tour of the local butcher. On this particular day, you walk into the butcher’s shop and you see the perfect displays of sausage, cuts of meats, etc. It’s all looks so clean and nice. But really, the thing we need to see most is the business end of the butchers’ shop. In order to figure things out, we want to see what is happening with the sausage making, and where the meat is locked, and the cleanliness of the place, the back of the place. I have personally found that these one day, free trial trading events are scripted and useless sales presentation. And in the case of Ross, I needed to enter my credit card number, pay for a subscription, do some hardcore screen recording on Camtasia to figure out the truth.

Insider Observations Of Warrior Trading

Before I get into the meaty details, let me first explain something about Ross’s trading style. He specializes in what are called low float stocks with high momentum. What is a low float stock? Simply put, there are not a lot of shares on the open market. For instance, General Electric is a high float stock, there are plenty of shares outstanding, the stock is highly liquid with an average of over 40 million shares trading each day. Why is this important? Because stocks with a high float and a high daily trading volume have very tight spreads. Therefore, if the price of GE is currently 27.05 per share, then at any moment during the trading day, you can easily execute a market order to buy GE at 27.06, or a market order to sell GE at 27.04. The spread to buy or sell is very tight, the market is very deep with plenty buyers and sellers, and there are massive amounts of shares floating around.

Ross likes low float stocks that move fast. Here is the problem, stocks that have a low float and high momentum have a problem with wide spreads. What does this mean? This means that since not many shares are floating around, and these stocks tend to move quickly, then the cost of executing a market order can be very high. Example: XYX company is currently selling for $8 per share. To execute a market order to buy, a person would have to execute at $8.05 to immediately execute the order. A person would not enjoy the added liquidity of a high float stock, a person would have to pay a premium of .05 to immediately execute the order. Conversely, if a person executes an immediate order to execute a short trade, or exit a profitable trade, or exit a losing trade, then this person is going to pay this .05 at every angle. Another term, that futures traders use would be “slippage”.

A rookie with little knowledge would be reading this and be thinking to themselves…”hey it’s only a nickel, what’s the big deal?”. But it’s a big deal. It’s big fucking deal. And it highly skews performance from Trader A when compared to Trader B. In fact, Tim Sykes, the popular trading guru has had a big problem with his trading service because of this very problem. He would initiate a trade in a lightly traded penny stock, then blast out to the subscribers that he just entered an order. The subscribers would then trample over each other to get into the trade, which distorted the price and caused so many problems that Tim had to create a swing trading service because of all of the complaints. In a nutshell, the moderator buys at $8 per share, then tells everyone that they should buy. Everyone jumps in at the same moment and the price jumps to $8.20. The moderator wins, everyone else loses.

Now that you have a basic understanding of how a low float with high momentum greatly affects the entry and exit price, I would like to put this information into the context of Warrior Trading and my individual findings.

Real Time Observations Of Warrior Trading

From the week of February 23rd, 2015 through February 27, 2005. I recorded and observed everything that happened inside of the trading room. I was able to confirm that 44 trades were actually called live, by Ross inside of the trading room. At the end of the week, Ross reported a profit of about $9,000 from his trades. Am impressive number! However, at no time during the week was I able to visually confirm the presence of a trading DOM on Ross’s screen. What is a trading DOM? A trading DOM is a price ladder that shows exact prices, allows order entries and exits, and shows the spread at the current price. Also, and most importantly, a trading DOM will show the real time profit and loss for the current position. Ross was not willing to show this information.

During the week, I sent Ross an email requesting that he show the DOM on the screen, this would show us that he was actually executing trades. However, Ross ignored my initial emails and began dodging me. Little did Ross know, that all of my emails are embedded with a tracking program that notifies me in real time, whenever my email is opened and viewed. I could see in real time that Ross was opening my emails and I was expecting him to respond. Ross would not respond. I would email him the next day and he would respond that he did not receive any such email. I knew he was lying. He did not know that I was watching him open the emails.

After Ross refused to show his trading DOM, I then asked him if he would send me a .pdf of only one day’s worth of trading activity. Every broker sends out a nightly report of trading activity, and any account numbers can easily be redacted to hide an account number. I was not asking for names, addresses, account numbers, or any personal or private information…I only wanted to see that he was executing trades, for only a single day. Again, he dodged me with all sorts of excuses about not receiving my messages. It was all nonsense. I canceled the membership shortly thereafter.

Review Part II-More Of The Same

Typically, I like a minimum of two weeks of screen recordings before I write a review. More evidence is better than less evidence. In the case of Ross and Warrior Day Trading, I then signed up for yet another subscription on May 4th, 2015. The newest subscription was under an assumed pen name, an IP address different from the original client address, and a Pay Pal account that was established with a pre-paid debit card. Why do I go through all of this trouble of hiding my identity? Because I want to create the illusion of different personas, I have found that the trading Guru will treat Aunt Margie differently than Cousin Carl. They craft the message to the audience.

During the second round of screen recordings and review, nothing has really changed since February. Ross still refuses to show a trading DOM to viewers, so we have no idea whether he is actually making any trades, and if you send him an email showing an account statement, he again acts like he did not receive it. However, this most recent request for an account statement, I got a bit more aggressive and demanded proof of actual trading. Ross responded by sending me a picture that he took with his smartphone. This appears to show something. But not really useful. Why? Simply put, most of todays modern trading software allow a replay mode on a simulated account. What the fuck does that mean? It means that a person can watch the market in the morning, and then go back with a simulator and enter and exit orders at exactly the optimal moment. The trading platform records the trade as “real time”. The trading guru then uses this information as marketing fodder. A slight of hand gimmick, and one used very often on Profit.ly. You can read more about profit.ly here and here.

When I ask for proof from a trading vendor, and he sends me a picture that he took with a camera phone…this screams fraud and fake. Why not just be honest and send me a redacted account statement, many vendors do this for me now. Heck, the guy that runs Night Scalper gives me so much proof that he is borderline obsessive in proving how real he his.

How This Looks On Video

The following video is an example of a trade the Ross took in the trading room. I have videos of both winning and losing trades, but this video, in particular, was a big winner for Ross. The stock really broke out to new highs, however, the Ross never gave the room much of a warning that he was getting into the stock. He just announced, “OK, I am Long!”. Then after the stock breaks out to newer highs, he announced: “OK, I am half out!”. How many shares? At what price did he get? Again, the room members have no advance information and we have no idea what is going on.

Losing Trades

The example above was for a perfect winning trade. But what about the losing trades? The losing trades drove me bonkers. Why? Because when the price moved against Ross, he would shout out, “OK I am OUT!”. Really? Just like that? We are sitting there holding our trades and you never gave us a stop to exit! The market continues to move against us, and now we must exit at the market, with no warning. And remember, these are light float stocks with high spreads…so we get slaughtered on a market order. Amazing stuff folks.

A Message For Ross

Warrior Day Trading is a fraud. I do not believe you, Ross. The trades that you call in the live trading room cannot be replicated. Even on a simulator, with recorded time and sales, my virtual assistant was not able to come anywhere near what you post as actual results on your website. However, I sincerely want to be wrong. But the evidence is so deep, damning and thorough that I simply have to declare that your trading room is one of the most deceptive trading rooms that I have ever witnessed. The fraud is subtle. The deception is slight but powerful. You are very good at creating small angles where a person of lesser intelligence could very easily be swayed into believing that you are real. Please, Ross, prove me wrong. Release an account statement, this is the only way that I will ever be convinced that the fantastic results posted on your website are the true and honest results that you yourself are present as fact.

Thanks For Reading

Thanks for taking the time to read this post. It’s long and I was especially tough on Ross. But I feel that Warrior Trading is highly deceptive, is a complicated fraud, and I wanted to make sure that I captured enough video evidence before I wrote such a scathing review. Many of you will disagree with me, and I hope that you will reach out to me and express your opinion. In fact, I hope that you can convince me otherwise. Nothing would make me happier than to eat humble pie.

could not agree more with your extensive review. his self reporting performance numbers are truly fiction. I followed Ross very closely and each and every day he submitted false and greatly fraudulent results. this man is as dangerous and really evil as they come.

pretty exaggorated review.. DayTrader isn’t sheepscaling like Sykes because he’s running the same type of stocks any other hot stock trader would do – there’s no chance for him and the room to impact the stock.. Unlike the other guy, he won’t suprise subscribers with sudden choice of lowfloater 15min before eod – people get the tickers transparently in the morning email or on the screen long time before the action. He also trades gaps and breakouts and shows it to the subscribers – there’s no other room to guide people so transparently (although I personally prefer to short them… Read more »

I have to update. I don’t use the service anymore. Maybe lack of monitors (4) to watch them. I never mirrored trades of anyone (although i can get inspired), so I found value in the news and scanner, like posted earlier, to “know what’s going on”. It’s always good to have trading mates to know what’s tradeable at the moment. But with twitter and my broker provided benzinga it’s easy to get that info for free. Plus I don’t hear the calls made in room clearly. And that made me visit the room less and less. Oh, and I unfocused… Read more »

Hi Emmett! I took the free trial to Ross’ service a few weeks back and it’s precisely as you describe here…. Anyone looking to simply join and mimic Ross is destined for failure! Granted, if you have some previous knowledge and skills, you could make some money using his morning watch list and the live scanners he has displayed on his screen share… but to simply copy his trades… forget it! Several times I asked him how he got filled at certain prices, as it moved so fast I couldn’t forget filled… he e-mailed me and told me that many… Read more »

You know it, I know it, and Ross knows it. He needs to get real. Ross needs to internalize that what he is doing is evil. A hard thing for any man to accept. Unfortunately, he is now paying Tim Sykes for traffic from Investimonials. So now he is just playing from a Return on Advertising Costs perspective. In other words, he pays Tim Sykes $1,000 per month in add fee’s, generates $2,000 in revenue. Nice return on his money. Unfortunately, Ross has zero regard for the destroyed hopes and dreams of the people that believed in him and are… Read more »

While I can sympathize with people being taken advantage of – your review and these comments read like people who want to have their hands held every step of the way, and are upset when they are not. It sounds like neither of you are actually interested in learning trading concepts, but rather want to mindlessly mimic trading gurus. Most teachers worth their salt will offer the education necessary to think and trade independently. Maybe Ross does this, maybe he doesn’t, I don’t know. I’ve never subscribed to Warrior Trading and don’t plan to. I suggest you use critical thinking… Read more »

I’ve spent quite a few open house Monday’s & trial week over the past 9 months in Warrior’s trade room and watched plenty of their Tickertv recaps. I agree with Todd’s sentiments. Ross’s commentary and pre market chat I found v interesting. You’ve captured decisively in words Emmett what to me were just reservations, minor concerns, things I just didn’t feel comfortable with. But all the time these question marks were being countered by the thought ‘Come on, a guy like Ross is so nice, he can’t possibly be up to something dodgy’! There were many examples where I couldn’t… Read more »

Thanks for the comment Jo. I cannot cast the first stone. Ross cannot execute these trades. Simply cannot. But I have to say, if he goes back and puts as much effort into becoming a good trader, as opposed to being an excellent marketer, then he should find success at trading. The problem with most of these guys that they cannot pay the bills with their trading. And they themselves have been abused by trading rooms and trading vendors, and so they justify being the very thing that they loathe. I have been down this road myself. The quick buck… Read more »

And that is why I took the extra step of proclaiming his trading room one of the biggest frauds in the trading education community. Why? Because the little guy will attempt to replicate this style of trading and get his head absolutely handed to him. And he will do this over and over and over again. He will think that he just needs to get better at trade execution. He will think that he just needs faster software or faster internet connection, or a broker with fast connectivity. He will throw himself against the wall until he is bloodied and… Read more »

Your review gave others the courage to speak out on other sites and exposed some of his marketing tactics, such as giving away monthly subscriptions to people who write user “reviews.” It’s difficult to find unbiased reviews like yours on the internet.

It’s been over a year now. WT seems to have just only changed their shamming tactics, creating new tricks, and did a makeover their website. In retrospect, that pic of the “ring of skydivers” probably was Ross’ subconscious choice of pic suggesting all the monthly churn of newbie subscribers would have their trading accounts “falling” to broke!

I don’t even know where to start “Emmett.” I normally don’t reach out to sheep like you, especially the ones who crave attention, but the inaccuracy of your review is laughable. I’ve been with Warrior Trading since it was operating under the name Day Trade Warrior and there were less than 50 people in the chat room. I’ve watched sheep, such as yourself, come and go over the years. You do know that 90% of traders fail because they simply don’t have the drive, ability, or circumstances, right? Sadly, to me it sounds like you fit into that 90%. So… Read more »

Wholeheartedly and sincerely, the world needs more people like you. I agree, IT DOES MATTER IF THE TRADES ARE REAL OR NOT. As a newbie to Day Trading and teaching services, I want the best. If i wanted to only learn the ropes, then I would just go searching for books and reading material. However, Warrior Trading makes the claim that they not only teach you the fundamentals and >>>>>>>PROVEN<<<<<<< strategies to succeeding and making money, but also showcase their work and results to you. It is incredibly misleading and shady to not showcase any of that. According to Emmett's… Read more »

Dude, you’re so full of shit. Tell Ross and you, that any day of the week I will put up $100,000 in an account and trade against the both of you. You’re so full of shit that it’s insulting that you think we believe it. Ross has zero business teaching. Ross has never traded live. You guys that fall for this are fascinating.

Thanks for expressing your opinion. Your assertion and comment, “What does it matter if Ross is really trading?”. I disagree, it matters. It matters a lot. Its all that matters. You like to call us paying customers, “pathetic sheep”. We are not pathetic sheep, we are your customers. As you might soon discover, I am not a sheep. I am a wolf. An alpha predator that mercilessly and relentlessly questions the legitimacy of every trading guru I can find on the internet. And your claims and threats of “Defamation” is the very language that I desire to hear. I want… Read more »

Emmett, you have a loser mentality, pathetic!! Even though I’m not an official member, I did try the free chat and watch many of Ross’s videos, his strategy really helps me a lot. You didn’t put in the time and energy to learn and practice, that’s why you lost money. Chatrooms are never designed for new traders to follow theirs trades, they are designed for new traders to learn why they enter/exit this trade.

Great thanks for the comment. Though I have serious doubts whether Ross is trading with a live account or trading at all. You know, all of my gripes can be easily addressed if Ross could show the audience account statements. But he wont. I wonder why. Dont you?

Update I once was a subscriber and student of Warrior Trading as well as the offered a monthly paid demo account with DAS Trader to learn the platform. One day I received this e-mail from DAS Trader. (If you need the original e-mail, I can send it to you). Please update your review to include the following e-mail sent from DAS Trader as proof: “Notice Warning: DAS Inc has Terminated Warrior Day Trader (DTW) Group due to use of Copyrighted Software Violation DAS is no longer offering its platform to the Warrior Trading group (DTW). The replacement platform is NOT… Read more »

Whats the matter Allen F, cat got your tongue? Nice Emmet put that tool box in his place. Only 1 reason Ross (Allen F ?) wouldn’t take advantage of this free advertising and make us all eat humble pie by proving us wrong. The alternative of course is that more and more people find this review and we eventually choke out Ross for being a flat out fake.

Emmett, how ironic as I posted the trial information in the Review Team section last week and was in the room with you and took the 7 day trial as well. What’s funny was that one of the main regulars there kept referring to this site and putting up links of the different reviews here. My observations of Ross is that he probably really believes that he is being honest and a helping others make money. I couldn’t find anything bad about his personality or the way he talks in the room. But I did quickly realize as you did… Read more »

Thanks for the comment. Very much appreciated, and I concur on all of your points. Some of the reviews that I write are exceptionally tough on the moderator. Can you imagine the anger and hurt that Ross is going to feel when he reads this review? Words like fraud, hustler, scammer…its hurts to be called that. Ross is none of these. In my heart, I do not believe that he is a bad person. However, the room needs to change. The subscriber cannot replicate the trades. The subscriber will lose money. Ross needs to hear from the community and make… Read more »

People in his room need to ask him to get his trades tracked & verified by an independent third party(eg tradingschool robot , collective2, fundseeder etc) otherwise it is of no importance whether he says he is up 8K or 80K.

They continue to revise their MO. When Ross started showing “statements”, at first it was just a dump of 40k from who knows where as the screen flipped to tradervue. Then in the youtube videos, the shill comments would comment about how Ross withdrew 40k out every month or so so the balance would go back to close to zero. Now it sounds like he starts with a small amount every month and shows the 1000% increase every few weeks to hook newbs. Like RobB recently guessed that they may have some actual funding to put on “winning” shows when… Read more »

I have been watching Ross’ “verified profits” on his current/on-going small account challenge”. I would be VERY VERY interested in seeing you re-review him now, as he emphasizes his legitimacy constantly. Thank you.